Veritas Baptist College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 414,156 | 356,365 | 57,791 | 4.2 | 52% |
| 2012 | 279,810 | 308,155 | −28,345 | 3.7 | 60% |
| 2013 | 336,493 | 324,867 | 11,626 | 4.0 | 61% |
| 2014 | 413,953 | 402,234 | 11,719 | 3.5 | 62% |
| 2015 | 497,839 | 469,329 | 28,510 | 3.8 | 59% |
| 2016 | 576,545 | 568,035 | 8,510 | 3.3 | 62% |
| 2017 | 578,344 | 567,109 | 11,235 | 3.5 | 65% |
| 2018 | 991,397 | 829,788 | 161,609 | 4.8 | 61% |
| 2019 | 891,088 | 815,895 | 75,193 | 5.9 | 65% |
| 2020 | 1,092,340 | 980,262 | 112,078 | 6.3 | 64% |
| 2021 | 1,133,275 | 1,008,814 | 124,461 | 7.6 | 70% |
| 2022 | 1,024,760 | 1,137,282 | −112,522 | 5.6 | 66% |
| 2023 | 1,109,374 | 1,217,419 | −108,045 | 4.1 | 65% |
| 2024 | 1,382,284 | 1,317,694 | 64,590 | 4.4 | 61% |
In its most recent public year (2024), this organization brought in $64,590 more than it spent. Its reserves stood at about 4.4 months of spending. Staff pay was 61% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Veritas Baptist College Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works